Belfast Telegraph

Friday 19 September 2014

Henry vows to keep fighting

Liverpool

Boston Red Sox owner John W Henry has pledged to fight Tom Hicks' "last desperate attempt" to hang on to Liverpool.

His statement comes with Hicks looking likely to try to enlist Mill Financial - who already own George Gillett's 50% of the club - to pay the £280million debt to the Royal Bank of Scotland by Friday's deadline and thwart the takeover by Henry's New England Sports Ventures (NESV), who Henry claims have a binding agreement to buy the club.

Henry said on his Twitter account on Friday morning: "We have a binding contract. Will fight Mill Hicks Gillett attempt to keep club today. Their last desperate attempt to entrench their regime."

Sources close to the deal confirmed that Hicks has removed the restraining order imposed by a Texas court preventing the club's sale. A reason for doing so would be to allow the Texan to sell his stake to Mill Financial.

NESV believe any such attempt by Hicks would have to be ratified by the Liverpool board and they would be prepared to return to the High Court to have their binding agreement upheld.

NESV are poised ready to send the money for their £300m takeover and believe they have the law on their side - their lawyers won a second successive significant victory on Thursday when Mr Justice Floyd granted anti-suit injunctions to nullify decisions taken in the court in Dallas late on Wednesday.

The judge said his mandatory orders were not aimed at the Texas court but Hicks and Gillett to stop them taking further action there.

He was scathing in his remarks about the American co-owners' conduct, which he described as "unconscionable".

Liverpool's independent chairman Martin Broughton, who brokered the NESV deal, was positive as he left the offices of their legal team Slaughter and May on Thursday night.

"We're nearly there. We've still got to take away the restraining order," said Broughton, who added he hoped to have a deal in place for Henry to attend Sunday's Merseyside derby at Goodison Park. "Mr Henry is very committed. My guess is we'll have it done and he'll be there - but we've got to get rid of this order first."

Nightlife galleries

More

Latest Sport News

Stats Centre